As you build your dream, be sure to lay a cash cushion for the future. This account makes it simple.

Key Features

  • Competitive Interest
  • Online & Mobile Banking2
  • Build a back-up fund that’s there when your business needs it
  • Competitive interest on entire balance
  • Avoid the $3 monthly service charge by maintaining a minimum daily balance of $300 or more1
  • 6 free withdrawals per month; $2 fee for withdrawals in excess thereafter
    • Fee(s) for excess withdrawals are waived if $300 minimum daily balance is maintained
  • Free online and mobile banking services, including2:
    • Free eStatements
    • Free Mobile Check Deposit3
  • $100 minimum deposit to open

Available To:

  • Sole Proprietorships
  • Non-Profit Organizations

This account is available to Consumer Customers (including Trustees), Non-Profit Organizations, and Sole Proprietorships. It requires a $100 minimum opening deposit. Six (6) withdrawals of any type may be made without charge excluding overdraft transfers. If your daily balance remains at least $300 at all times during the monthly statement cycle, additional withdrawals will be without charge. However, if you do not maintain the minimum balance, a $3 monthly service charge will be imposed and if more than six (6) withdrawals of any type are made, each of these additional withdrawals will result in a $2 service charge fee. Interest is credited to the account at the end of each calendar quarter. Other fees and charges may apply and may reduce earnings.

1Monthly Service Charge refers to a recurring monthly account service charge or account maintenance fee; other fees and charges may apply.

2For new users, enrollment is required. There is no fee from F&M Bank to use Online & Mobile Banking. Internet access is required. Check with your mobile carrier about fees for internet data, text messaging, or other related services. Refer to our Online & Mobile Banking End User License Agreement for more information.

3 Some restrictions will apply and funds from a mobile deposit are not available for immediate use.

For terms and conditions, account information, and a list of fees and charges that may apply, please refer to our Customer Agreement & Schedule of Charges, Books I & II. 

This information is effective 12/1/2023 and subject to change anytime without notice.